Energy Tomorrow Blog

Oil Company Earnings Surprising? No.

demand  earnings  energy reality  supply 

Jane Van Ryan
Posted July 30, 2009

The headline on the USA Today Web site reads, "ExxonMobil 2Q profit falls a surprising 66%." But in actuality, oil company second quarter earnings reports shouldn't be a surprise to anyone. 

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A Career in Oil and Natural Gas--Unprecedented Opportunity

demand  employment  energy  engineers 

Jane Van Ryan
Posted July 30, 2009

Thinking about a career in the oil and natural gas industry? The summer 2009 Salary Survey report from the National Association of Colleges and Employers (NACE) shows that petroleum engineers are pulling in the highest starting salaries. 

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Fuel Demand: An Economic Indicator

crude oil  demand  diesel  energy  energy reality  opec  supply 

Jane Van Ryan
Posted July 16, 2009

If you're looking for an indicator that describes the current economy, look no further than API's oil demand and supply statistics. API reported today that U.S. petroleum deliveries--a key measure of demand--in the first six months of 2009 fell to its lowest level for the time period in more than a decade. 

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What's Your Energy IQ?

supply  oil company ownership  energy reality  energy iq  energy demand  energy 

Jane Van Ryan
Posted July 2, 2009

Over the last few days, we've asked you a number of energy-related questions about topics such as energy demand, supply, taxes and oil company ownership. Now it's truly time to put your knowledge to the test: - See more at: http://energytomorrow.org/blog/author/13/P610#sthash.cUd2Uhop.dpuf

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Energy IQ, Day 2: Where Does Our Energy Come From?

supply  over regulation  imports  energy iq survey  energy iq  energy  domestic energy  demand  canada 

Mark Green
Posted June 30, 2009

Oil and natural gas are found all over the world in varying amounts, and throughout history, about one trillion barrels of oil have been produced. While about one-third of our oil is produced domestically, where does our imported oil come from? - See more at: http://energytomorrow.org/blog/author/13/P615#sthash.mWkaeH2s.dpuf

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Energy IQ, Day 1: Meeting Future Energy Demand

fossil fuels  energy reality  energy iq survey  energy iq  energy demand  energy 

Jane Van Ryan
Posted June 29, 2009

Looking ahead to the future, there's no doubt that we'll need more energy in the United States and around the world. Given expected global economic and population growth, time and again economists have said that energy efficiency improvements alone will not be enough to meet this future demand. - See more at: http://energytomorrow.org/blog/author/13/P615#sthash.mWkaeH2s.dpuf

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Rockin' the Bakken

api monthly statistical report  bakken formation  demand  domestic energy  energy  gasoline  production 

Jane Van Ryan
Posted June 17, 2009

The Bakken formation is making a noticeable improvement in U.S. oil production. According to API's Monthly Statistical Report for May 2009, U.S. oil production climbed for the fifth straight month largely because of higher output from North Dakota's Bakken shale production.

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Gasoline Prices: It's the Fundamentals

crude oil  demand  diesel  domestic access  energy  energy policy  gasoline prices  prices  supply 

Jane Van Ryan
Posted June 16, 2009

Gasoline prices have risen to an average of $2.67 a gallon, the highest price in the past eight months. API's Chief Economist John Felmy and Statistics Manager Ron Planting attribute the price rise largely to what they call "market fundamentals"--the basic law of supply and demand.

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Diesel Fuel: Priced Lower than Gasoline for the First Time in Nearly Two Years

crude oil  demand  diesel fuel  diesel prices  energy  energy reality  gasoline  prices 

Jane Van Ryan
Posted June 1, 2009

When economists are asked why the price of fuel fluctuates, they often explain that price changes are due to the "market"--the interaction of all of the people around the world who buy and sell crude oil and fuels in the global marketplace. These buyers and sellers decide how much oil and oil products they are willing to buy or sell at a given price. Their decisions can be affected by several factors including weather, refinery operations, and geopolitical and economic conditions. The price of other commodities, such as wheat and corn, are determined in much the same way. I touched on these points a bit in last Friday's post.

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Oil Demand Down

energy  energy demand  gasoline  imports  consumption 

Jane Van Ryan
Posted May 13, 2009

If you're looking for a key indicator to illustrate the weakness in the U.S. economy, just look at oil demand.

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